Coco Robotics Raises 80 Million to Expand Last Mile Delivery Robots

In a significant boost for autonomous delivery technology, Los Angeles-based Coco Robotics announced an $80 million funding round. This latest investment, led by angel investors including Sam Altman and Max Altman alongside venture capital firms such as Pelion Venture Partners and Offline Ventures, raises the company’s total funding to over $120 million. Founded in 2020 by Brad Squicciarini and Zach Rash, Coco Robotics specializes in last-mile delivery robots designed to revolutionize urban logistics.

Coco’s robots are zero-emission and capable of carrying up to 90 liters of goods, making them ideal for grocery and food deliveries. Since their debut on city streets in 2020, these robots have completed more than 500,000 deliveries. The company collaborates with national retailers such as Subway, Wingstop, and Jack in the Box, demonstrating strong market adoption and operational scalability.

What sets Coco Robotics apart is its strategic partnership with OpenAI, announced in March 2025. This collaboration allows Coco to integrate OpenAI’s advanced artificial intelligence into its delivery robots, enhancing navigation, customer interaction, and operational efficiency. In turn, OpenAI benefits from the rich, real-world data collected by Coco’s robots, which helps train and refine its AI models. This symbiotic relationship exemplifies how AI and robotics can co-evolve to solve complex logistical challenges.

The infusion of capital and the OpenAI partnership position Coco Robotics to accelerate its mission of transforming last-mile delivery with sustainable, autonomous solutions. As urban centers continue to demand faster, greener delivery options, Coco’s approach offers a glimpse into the future of logistics—where robots navigate sidewalks, reduce carbon footprints, and seamlessly connect retailers with customers.

Why This Matters for Businesses and Cities

Last-mile delivery remains one of the most challenging and costly aspects of supply chains. Coco Robotics’ zero-emission robots not only reduce environmental impact but also offer scalable, cost-effective alternatives to traditional delivery methods. For retailers, this means enhanced customer satisfaction through faster deliveries and lower operational costs. For cities, it translates into less traffic congestion and pollution.

Moreover, the partnership with OpenAI highlights a growing trend where AI and robotics companies collaborate to push the boundaries of autonomous systems. The real-world data from Coco’s robots is invaluable for training AI models that can adapt to dynamic urban environments, improving safety and efficiency.

As the robotics and AI sectors continue to converge, companies like Coco Robotics are at the forefront of creating intelligent, sustainable urban delivery ecosystems. Their success signals a shift toward smarter cities where technology enhances everyday life while addressing environmental concerns.